Going concern value and the definition of going concern. Broadly speaking going concern is referring to a business operating at a profit, which is expected to trade for the foreseeable future.

The foreseeable future for this purpose is normally regarded as 12 months. Going concern value is key if you are selling a business as a going concern. Likewise if you are buying a business as a going concern, you will be keen to know whether the business is likely to continue trading into the foreseeable future.

The value of a business will be adversely affected if it’s not considered to be a going concern. In this case either a liquidation value or a receivership value will be placed on the business.

Manjit Minhas net worth is estimated at over $200 million. Co-owner of the ninth largest brewery in the world and included in the Top 100 Women Entrepreneurs in Canada.

A dragon on Canada’s Dragons Den and invests alongside fellow woman in business Michele Romanow.

Since she’s been on the successful CBC Dragons Den show, Manjit has invested nearly $3 million in businesses since 2015. This is since she first appeared on the show. She is known to first invest in people and then in products and businesses.